In a recent article published in the Bureau of Labor Statistics Monthly Labor Review, Michael Havlin MPPA ‘16 discusses how automotive dealership markups helped drive consumer inflation during the COVID-19 economic expansion. Havlin argues that market trends and dynamics in the automotive industry post-2008 established conditions for dealerships to increase profits on new car sales, contributing to inflation.
Havlin and his report has since been featured in several major media outlets, including the Wall Street Journal and Yahoo! Finance.